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Home>Distress in Detroit: A BlackRock Analysis

Distress in Detroit: A BlackRock Analysis

Perspectives Content Submission

Wed, 10 Jul 2013

The economic and fiscal distress that has befallen the City of Detroit (MI) is no surprise. The city has struggled with declines in population, employment and tax revenues for decades. However, the state-appointed emergency manager (EM) did surprise the market in June with his Draconian debt restru

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